30 October 2015

Memorandum of Understanding

Testing of innovative ideas


Purpose of the programme is to create friendly environments for initial testing of innovative, result oriented ideas of Georgian researchers and specialists, to beat a path towards new knowledge development.

Expected outcomes

The springboard will be prepared for conducting in-depth research oriented towards practical application and new technologies development. Georgian researchers and specialists will be given the opportunity to develop their ideas and/or research outcomes by working in modern laboratories, companies, experimental farms, etc. both in Georgia and/or abroad.

Format of the programme

The programme is implemented in the frame of Targeted Granting Scheme, through the calls for project proposals. In exceptional cases Direct Granting Scheme may be applied to speed up response to actual demands of local and international markets and/or to urgent socioeconomic challenges.  Project proposals, submitted to the various calls under this programme either by the individual applicant or the group, need to comply with the following basic requirements: duration up to 18 months; maximum of requested funds 50 000 GEL.

Following expenses are eligible for granting:

-          Remuneration of the project participants;

-          Procurement of necessary small equipment and consumables;

-          Internal and international travels;

-          Patenting and/or publication costs.

NB: a) High scientific importance of the project outcomes and/or availability of added value potential (e.g. expediency of international patenting/licensing) may be considered by TSF as an opportunity for the project continuation and/or supplementary funding under the Direct Granting Scheme; b) Preference will be given to co-funded projects as well as to the projects with participation of young researchers/specialists and/or cooperation with local/international universities, research institutes and/or companies.